Application for remittance in foreign currency requires import licence details, invoice and shipment data, and Customs stamped Bill of Entry.

The form prescribes documentary and procedural conditions for remittance in foreign currency for import payments: detailed import licence particulars, invoice and shipment data, disclosure of forward contracts, applicant declarations on licence validity and invoice truthfulness, mandatory submission or later production of the Customs stamped Exchange Control copy of Bill of Entry or equivalent, explanation for partial remittance, and authorised dealer certification of payment nature, exchange control compliance, and verification or procurement of required customs documentation within three months.

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